Interparfums (NASDAQ:IPAR) Sets New 12-Month High After Strong Earnings

Key Points

• Interparfums beat earnings expectations: Quarterly EPS was $2.13 versus $1.81 forecast, while revenue of $429.51 million was roughly in line with estimates and down 0.1% year over year. The company raised its full-year sales guidance and reaffirmed its earnings outlook.
• Shares reached a new 52-week high, trading as high as $132.54 after the earnings announcement.
• The company declared a quarterly dividend of $0.80 per share, or $3.20 annualized; shareholders of record December 15 are scheduled to be paid December 31.

Shares of Interparfums, Inc. (NASDAQ:IPAR - Get Free Report) hit a new 52-week high on Thursday following a better than expected earnings announcement. The stock traded as high as $132.54 and last traded at $132.6850, with a volume of 20,289 shares trading hands. The stock had previously closed at $123.57.

The company reported $2.13 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.32. The business had revenue of $429.51 million for the quarter, compared to analyst estimates of $430.00 million. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.05 EPS.

Interparfums Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 15th. Interparfums's payout ratio is currently 61.19%.

More Interparfums News

Here are the key news stories impacting Interparfums this week:

• Positive Sentiment: Third-quarter diluted EPS was $2.13, above analyst expectations and up from $2.05 a year earlier. The company also raised its full-year sales guidance and reaffirmed its earnings outlook. Interparfums 2026 third-quarter results and guidance
• Positive Sentiment: Interparfums declared a quarterly dividend of $0.80 per share, equivalent to $3.20 annually and a stated yield of 2.6%. Shareholders of record December 15 are scheduled to receive payment December 31.
• Neutral Sentiment: Revenue was $429.51 million, essentially matching analyst expectations of $430 million. Nine-month sales reached $1.1 billion. Q3 2026 earnings results
• Negative Sentiment: Quarterly revenue edged down 0.1% year over year, indicating that sales growth remains modest despite the earnings beat and higher full-year sales forecast.

Analysts Set New Price Targets

IPAR has been the topic of several analyst reports. The Goldman Sachs Group downgraded Interparfums from a "buy" rating to a "neutral" rating and raised their target price for the company from $110.00 to $129.00 in a report on Monday, August 10th. Weiss Ratings restated a "hold (c)" rating on shares of Interparfums in a report on Friday, October 2nd. Canaccord Genuity Group upped their price target on Interparfums from $141.00 to $151.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Zacks Research raised shares of Interparfums from a "strong sell" rating to a "hold" rating in a research report on Monday, October 26th. Finally, Berenberg Bank lowered shares of Interparfums from a "buy" rating to a "hold" rating and set a $130.00 price objective on the stock. in a research note on Friday, August 14th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $123.29.

Insiders Place Their Bets

In other news, Director Veronique Gabai-Pinsky sold 900 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the sale, the director directly owned 900 shares in the company, valued at $105,174. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 43.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Interparfums in the second quarter worth $326,252,000. Bank of New York Mellon Corp bought a new stake in Interparfums during the second quarter valued at $35,603,000. Bank of America Corp DE acquired a new stake in shares of Interparfums during the second quarter worth $31,320,000. First Trust Advisors LP raised its holdings in shares of Interparfums by 19.3% during the first quarter. First Trust Advisors LP now owns 879,005 shares of the company's stock worth $79,849,000 after purchasing an additional 142,223 shares during the period. Finally, PDT Partners LLC bought a new position in shares of Interparfums in the 2nd quarter worth about $13,379,000. Hedge funds and other institutional investors own 55.57% of the company's stock.

Interparfums Stock Performance

The stock's 50-day moving average price is $114.72 and its 200-day moving average price is $104.97. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $4.29 billion, a P/E ratio of 25.63 and a beta of 1.08.

Interparfums Company Profile

Interparfums, Inc NASDAQ: IPAR develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.